Steven D. Gray adds 25,000 Infinity Natural (INR) shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INFINITY NATURAL RESOURCES, INC. director Steven D. Gray reported an open-market purchase of 25,000 shares of Class A Common Stock at a weighted average price of $12.807 per share. The shares were bought by The Gray Management Trust, where he is trustee and beneficiary, and he may be deemed to share beneficial ownership subject to his pecuniary interest.
Following these transactions, the filing shows 17,411 shares held directly, 50,000 shares held indirectly through SD Gray Family Partnership LP, and 40,000 shares held indirectly through The Gray Management Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,000 shares ($320,175)
Net Buy
3 txns
Insider
GRAY STEVEN D
Role
null
Bought
25,000 shs ($320K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 25,000 | $12.807 | $320K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 40,000 shares (Indirect, By: The Gray Management Trust);
Class A Common Stock — 17,411 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares of Class A common stock were purchased in multiple transactions at prices ranging from $12.53 to $13.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4. These securities are owned by The Gray Management Trust, of which the Reporting Person is a trustee and beneficiary. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by The Gray Management Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly. The Reporting Person exercises 100% control over SD Gray Family Partnership LP ("Gray Family Partnership"). Gray Family Partnership is managed by its general partner, SD Gray Management Co., of which the Reporting Person is the chief executive. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Gray Family Partnership, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Key Figures
Open-market purchase: 25,000 shares
Weighted average price: $12.807 per share
Purchase price range: $12.53–$13.09 per share
+3 more
6 metrics
Open-market purchase
25,000 shares
Class A Common Stock bought by The Gray Management Trust
Weighted average price
$12.807 per share
Price for 25,000 purchased shares
Purchase price range
$12.53–$13.09 per share
Range of individual trade prices noted in footnote
Direct holdings after filing
17,411 shares
Class A Common Stock held directly by Steven D. Gray
Indirect holdings via SD Gray Family Partnership LP
50,000 shares
Class A Common Stock held indirectly
Indirect holdings via The Gray Management Trust
40,000 shares
Class A Common Stock held indirectly after purchase
Key Terms
open-market purchase, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of Class A Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"the Reporting Person may be deemed to have or share beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest"
Class A Common Stock financial
"These shares of Class A common stock were purchased in multiple transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Steven D. Gray report for INFINITY NATURAL RESOURCES (INR)?
Steven D. Gray reported an open-market purchase of 25,000 shares of INFINITY NATURAL RESOURCES Class A Common Stock. The shares were bought at a weighted average price of $12.807 per share through The Gray Management Trust, where he serves as trustee and beneficiary.
What indirect holdings of INFINITY NATURAL RESOURCES (INR) does Steven D. Gray report?
The filing shows 50,000 INFINITY NATURAL RESOURCES shares held indirectly through SD Gray Family Partnership LP and 40,000 shares held indirectly through The Gray Management Trust. Gray may be deemed to share beneficial ownership, limited to his pecuniary interest in these entities.
How does the filing describe Steven D. Gray’s beneficial ownership of INFINITY NATURAL RESOURCES (INR) shares?
The filing explains that Steven D. Gray may be deemed to share beneficial ownership of shares held by The Gray Management Trust and SD Gray Family Partnership LP. He disclaims beneficial ownership beyond the extent of any direct or indirect pecuniary interest in those entities.